Trade Deficit Narrowed in April;
Imports Reflected Slower Economy

WASHINGTON -- The U.S. trade deficit shrank ever so slightly in April, to $30.44 billion, as oil prices dipped and imports began to reflect the minute slowdown in the U.S. economy.

The deficit in goods and services, seasonally adjusted, was $168 million less than March's record $30.61 billion, the Commerce Department reported. Exports were flat, at $86.70 billion, compared with March's $86.72 billion. More significantly, imports were...